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DOLLAR GENERAL 524 Fir St

9,100 SF Retail Building Perry, OK 73077 $1,041,516 ($114/SF) 8% Cap Rate

Investment Highlights

  • The base term currently has seven (7) years remaining after a recent early lease extension from Dollar General demonstrating a strong commitment to th
  • Attractive 8% return on a stabilized investment grade credit tenant.
  • Dollar General boasts an investment-grade credit rating of BBB (S&P).
  • Perry, OK, is ±25 miles Northwest of Stillwater, OK, home to Oklahoma State University with over 24,000 students and convenient access via Stillwater
  • Absolute NNN lease structure provides zero landlord management responsibility, providing an investor with long-term passive income.
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.

Executive Summary

Broker of Record
Kyle Matthews
License No. 180759 (OK)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2012
Price
$1,041,516
Price Per SF
$114
Cap Rate
8%
NOI
$83,321
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Land Acres
1.03 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1000-00-006-013-0-001-00
Land Assessment
$4,206
Improvements Assessment
$135,519
Total Assessment
$139,725
  • Listing ID: 33777612

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 524 Fir St, Perry, OK 73077

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